bullish

Binance Coin

CFTC V. Binance: The Data Behind the Suit

304 Views31 Mar 2023 04:28
Syndicated
SUMMARY
  • Binance is the world’s largest crypto exchange by a huge margin.
  • It has achieved consistent growth since its founding in 2017, but its increasing dominance has been striking to watch since 2020, when it held around 25% of spot volume market share.
  • Its market share approached 50% at the tail end of the 2021 bull market before retreating and again expanding to peak over 70% this year.
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
  • Unlock all research summaries
  • Follow top, independent analysts
  • Receive personalised alerts and emails
  • Access Briefings, Analytics, and Events

Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.

Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Logo
Kaiko
Data-Driven Analysis of Cryptocurrency Markets
Kaiko
Crypto
  • CFTC V. Binance: The Data Behind the Suit
    31 Mar 2023
x